The company aims for a fifth of the US$500 million it originally sought in June 2023 The downsized listing comes as Hong Kong’s stock market endures the lowest momentum for new listings since 2011 …
Monthly Archives For March 2024
Rising Challenges and Uncertainties for Foreign Firms in China, Reports European Business Group
Amidst an increasingly politicized global business environment, companies face tough decisions about their engagement with the Chinese market, the report underscored. It was developed in collaboration …
Doing business in China is growing tougher, more uncertain, European business group says
That’s especially the case given trade friction with Washington and discussions about “decoupling” supply chains from China after the disruptions that occurred during the COVID-19 pandemic. But they …
Australia hosts China FM, sees ‘stability’ in ties
China and Australia claimed to have stabilised long-strained … marking a diplomatic thaw between two trading partners who have sparred over everything from the origins of Covid-19 to military …
Australia, China foreign ministers meet to discuss trade, defence and human rights
Australia will prepare for a visit by China’s Premier Li Qiang this year, Foreign Minister Penny Wong said after meeting her Chinese counterpart Wang Yi in Canberra for talks which Australia said …
China’s Distressed Property Developers in Focus at Credit Forum
Welcome to our TOPLive coverage of Bloomberg’s China Credit Forum. The nation’s $13 trillion credit market offers both risks and opportunities, and we’ll talk to some of the best-informed experts on …
China’s Benchmark Lending Rates Held Steady
China’s benchmark lending rates were kept steady after the People’s Bank of China held its key policy rates unchanged this month.
EU firms in China skewed ‘disproportionately’ towards risk management – business group
European firms in China are overly focused on managing risks instead of increasing market share, which is hurting efficiency and innovation and increasing costs for consumers, a European business …
EU-China trade relations are in a ‘slow-motion train accident,’ business group says
Trade tensions between Europe and Beijing will likely escalate, according to Jens Eskelund, president of the European Union Chamber of Commerce in China.
COVID-19 lab leak finding ‘ludicrous’: virology expert
After assessing the evidence, he has been a vociferous critic of claims the coronavirus leaked from one of the viral research facilities in Wuhan. The WHO study concluded the emergence of the virus …
Beijing eyes more foreign investment
For instance, in payment methods, Beijing will focus on enhancing the convenience of the use of cash, foreign bank cards and electronic payments, he said. Also, in areas with many foreign residents …
Why Wall Street’s getting out of China, NYC’s progressive regression and other commentary
Why Wall Street’s Getting Out “One should not invest in China,” a top Goldman Sachs honcho declared this month — another sign, argues Gordon Chang at The Hill, that Wall Street thinks “China has …
A CBDC trial in Hong Kong could finally enable blockchain to digitise shipping, with help from Ant Group
Hong Kong’s Global Shipping Business Network has finished a prototype of its first electronic bill of lading in collaboration with Ant Group’s ZAN blockchain unit.
